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See where your peers are falling short in financial planning, and learn how to avoid these common fiscal errors.

Six Money Mistakes Most Solution Providers Make - No Exit Strategy


( Page 4 of 7 )

Six Money Mistakes
Most Solution Providers Make

3. Having No Exit Strategy

Once they start the business, most owners have no idea how they might actually sell the business. As a result, the business dies when the owner leaves it, which means it had no value beyond sustaining the owner's lifestyle. Milove suggests planning an exit strategy five to seven years prior to any plans to leave the business.



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Slideshow Index:
  1. Six Money Mistakes Most Solution Providers Make
  2. Not Saving Money
  3. Using Personal Credit
  4. No Exit Strategy
  5. Failure to Plan
  6. No Family Planning
  7. Lack of Insurance